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These days, finding an affordable place to live in the Ramey area can be challenging. Home prices in Ramey are now at a median cost of $283,409, lower than the Minnesota average of $345,793.
The average cost of rent is $691/mo in Ramey, primarily driven by the current value of real estate in the Ramey area. In Ramey, 7.83% of households rent, and 46.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ramey is $7,068 per month. Households that rent pay about 9.78% of their income on rent here. Ramey’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Morrill, MN: equally priced homes
- North Benton, MN: higher priced homes
- Jakeville, MN: higher priced homes
- Parent, MN: higher priced homes
- Genola, MN: higher priced homes
- Gilman, MN: higher priced homes
- Foreston, MN: equally priced homes
- Hillman, MN: equally priced homes
- Oak Park, MN: higher priced homes
- Foley, MN: equally priced homes
Cities with Similar Populations
- Oral Lake, WV: higher priced homes
- Newfield, ME: equally priced homes
- Newman, OH: less expensive homes
- Newton Hamilton, PA: less expensive homes
- Newtonville, AL: less expensive homes
- Nichburg, AL: less expensive homes
- North Buckfield, ME: less expensive homes
- North Cleveland, TX: less expensive homes
- North Liberty, PA: less expensive homes
- North Matewan, WV: less expensive homes
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